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attashe74 [19]
2 years ago
6

On the far right side of the AS curve, the economy is producing ________ potential, and on the far left of the curve, it is prod

ucing ________ potential.
Business
1 answer:
Pie2 years ago
7 0

On the far right side of the AS curve, the economy is producing above potential, and on the far left of the curve, it is producing below potential.

<h3>What is AS curve?</h3>

It should be noted that the AS curve simply means the aggregate supply curve and it's the quantity of real GDP that's supplier by the economy.

In this case, on the far right side of the AS curve, the economy is producing above potential, and on the far left of the curve, it is producing below potential.

Learn more about curve on:

brainly.com/question/26460726

#SPJ1

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4 years ago
Ramesh works in a small civil-society organization with the mission to fight child labor in india. His organization has identifi
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6 0
3 years ago
Liquidity is _________. Question 10 options: equal to the market value of a firm's total assets minus its total liabilities gene
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valuable to a firm even though liquid assets tend to be less profitable to own

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3 years ago
The marketing and administrative expense budget of Frazier Corporation is based on budgeted unit sales, which are 5,500 units fo
LenaWriter [7]

Answer: b. $106,700

Explanation:

The marketing and administrative expense budget is based on budgeted unit sales, which are 5,500 units for June.

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The budgeted fixed marketing and administrative expense is $101,200.

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4 0
3 years ago
Keys industries has assets of $2,100, sales of $2,960, operating costs of $2,675, and $250 of total current liabilities consisti
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<u>Calculation of Return on Total Assets:</u>

Return on Total assets can be calculated using the following formula:

Return on Total Assets = Net Income / Total Assets

We can calculate Net income as follows:

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Less: Operating Costs $2675

Less: Interest charges $125

Income before tax = 160

Less: Tax (160*40%)  = 64

Net Income = $96


Hence , Return on Total Assets = 96/2100 = 0.0457 =<u>4.57%</u>




5 0
3 years ago
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